Mc Caulley, Texas Property Taxes
The median property tax rate in Mc Caulley, TX is 0.77%, which is notably lower than both the national median of 0.99% and the Texas state median of 1.67%. With a median home value of $72,325 in Mc Caulley, the typical annual property tax bill amounts to $479, significantly below the national median of $2,690. Property taxes in Mc Caulley are calculated based on the tax assessed value, which often falls below the market value due to various exemptions, such as primary residence and agricultural exemptions. Understanding Mc Caulley's property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to significant annual savings. Whether you're in the heart of Mc Caulley or another part of Fisher County, grasping the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Mc Caulley, Texas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.77%
Estimate Property Tax Bill
$557
$515
Ownwell’s Mc Caulley Property Tax Bill Calculator assists homeowners, real estate investors, and potential buyers in estimating their annual property taxes in Mc Caulley with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Mc Caulley to estimate your property tax bill. This insightful tool helps you understand potential tax liabilities. If you’re interested in seeing trends on a neighborhood level, scroll down to find more localized information. Your property’s assessed value is the value assigned by Fisher County for property tax calculations, accounting for any exemptions that may apply.
Property Tax Rates Across Mc Caulley, Texas
Property taxes in Mc Caulley, Texas, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Mc Caulley is 0.77%, lower than both the Texas state median and the U.S. national median of 0.99%. Local government entities within Mc Caulley set these rates annually, and they can vary significantly across different neighborhoods. Each year, Mc Caulley estimates its required budget to maintain services for the upcoming fiscal year, then divides this budget by the total value of all taxable property within the jurisdiction to calculate the property tax rate. While tax rates and budgets are influenced by laws and voter input, this calculation forms the basis of setting property tax rates. The data below compares Mc Caulley's effective property tax rate to other counties in Texas and the national median. For comparison, the 79534 zip code has the highest median property tax rate of 0.77%, while the same zip code also has the lowest median tax rate of 0.77%. Understanding how these cities compare with Mc Caulley provides valuable insights into the varying tax landscape across Fisher County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Mc Caulley Tax Rate
0.77%
Average Fisher County Tax Rate
1.20%
Average Texas Tax Rate
1.67%
Average United States Tax Rate
0.99%
Property Tax Rates Across Mc Caulley, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 79534 | 0.37% | 0.57% | 0.77% | 1.26% | 1.74% |
Source: Ownwell
Property Tax Assessment Values Across Mc Caulley, Texas
In Mc Caulley, Texas, understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes. The market value is the price a willing buyer would pay a willing seller in an open and competitive market, influenced by factors like location, property condition, and economic trends. This value is estimated by the Fisher County Appraisal District for tax purposes. In contrast, the assessed value is the market value minus any applicable exemptions or limits based on local laws and available programs. The assessed value is then used to calculate your property taxes by multiplying it by the combined tax rates of all relevant taxing entities. Assessment notices are typically mailed out in the spring, usually by mid-April. These notices provide homeowners with both the market and assessed values, along with an estimate of the annual property tax bill. By understanding the distinction between these valuation concepts, property owners can better navigate their tax responsibilities and comprehend how their property taxes are determined. The zip code with both the highest and lowest median tax bills is 79534, with a median tax bill of $479. Being aware of these valuation processes in Mc Caulley helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Mc Caulley Assessed Value
$72,325
Average Fisher County Assessed Value
$68,150
Average Texas Assessed Value
$247,950
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Mc Caulley, Texas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 79534 | $13,679 | $39,148 | $72,325 | $141,085 | $198,911 |
Source: Ownwell
Property Tax Bills Across Mc Caulley, Texas
Property tax bills in Mc Caulley, located in Fisher County, TX, are calculated based on the assessed value of a property and the local tax rate. The assessed value is determined by the county appraisal district and reflects the market value of the property. Homeowners in Mc Caulley can expect their tax bills to vary significantly, with the 25th percentile paying around $237, while those in the 75th percentile face bills of approximately $1,100. At the higher end, the 90th percentile sees tax bills reaching $1,815. These property tax bills are influenced by several factors, including property size, location, and improvements. The median home price in Mc Caulley is $72,325, which is relatively modest compared to national figures. Despite this, the property tax rate can have a considerable impact on homeowners' finances. With the national median property tax rate at 0.99%, understanding how local rates and assessed values interact is crucial for homeowners to manage their expenses effectively.
Average Mc Caulley Tax Bill
$479
Average Fisher County Tax Bill
$753
Average Texas Tax Bill
$3,971
Average United States Tax Bill
$2,690
Property Tax Bills Across Mc Caulley, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 79534 | $64 | $237 | $479 | $1,100 | $1,815 |
Source: Ownwell
Don't miss the deadline to protest!
Dates | |
|---|---|
| Appeal Deadline | May 15 |
| Tax Bill | |
| Issued | October 1 |
| Due Date #1 | November 30 |
| Due Date #2 | June 30 |
Links | |
|---|---|
| Fisher Appraisal District | |
| Website | esearch.fishercad.org |